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2 bedroom block of apartments for sale
35A & 35B Thurcaston Road, Leicester, Leicestershire, LE4 5PG
£112,000
35A & 35B Thurcaston Road, Leicester, Leicestershire, LE4 5PG
£112,000
Our Summary
- For sale by unconditional online auction on 25/06/2025 09:30 and ending on 25/06/2025 09:45 FOR SALE BY AUCTION * CASH BUYERS * AUCTION FINANCE * 28-DAY COMPLETION INFORMATION FROM THE AGENT: Presenting a unique investment opportunity comprising two self-contained flats within a property on Thurcaston Road, Leicester
- This property is situated in the LE4 postcode area and offers significant potential for rental income and capital appreciation
- Property Details: 35a Thurcaston Road (Ground Floor Flat): This unit has experienced flood damage and requires refurbishment
- Post-renovation, it holds strong potential for rental income
- Investment Potential: Rental Income: Average monthly rents in this postcode are approximately £1,030, with one-bedroom flats commanding around £695 per month (Data taken from Rightmove)
- INFORMATION FROM THE AUCTION HOUSE: Please note that all marketing including property description and imagery has been provided by the introducing agent
- The Auction Company strongly recommends interested
Description
A unique investment opportunity is being presented through an unconditional online auction, with a starting time of 9:30am and ending at 9:45am on June 25, 2025. The property, located on Thurcaston Road in Leicester, comprises two self-contained flats that offer significant potential for rental income and capital appreciation. The ground floor flat has experienced flood damage and requires refurbishment, while the first-floor flat is being sold with vacant possession. The property is situated in the LE4 postcode area, known for its diverse housing stock and strong rental demand due to its proximity to Leicester's city centre and major employers. With average monthly rents in the area around £1,030, the potential yields on this property are above 14% based on the guide price, making it an attractive investment opportunity for cash buyers, auction finance, and those seeking a quick 28-day completion.